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home / articles / CNDT - Conduent's Big Move: Shedding Two Businesses for $260M To Slash Debt And Refine Portfolio | Benzinga

CNDT - Conduent's Big Move: Shedding Two Businesses for $260M To Slash Debt And Refine Portfolio | Benzinga

Conduent Incorporated

Conduent Inc (NASDAQ: CNDT) disclosed a definitive deal to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software Inc.

The sale is for an enterprise value of approximately $260 million, including the assumption of certain indebtedness, and is subject to customary purchase price adjustments.

The purchase ...

Full story available on Benzinga.com
Stock Information
Company Name: Conduent Incorporated
Stock Symbol: CNDT
Market: NYSE
Website: conduent.com
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